International Monetary Fund

The leader of the PSD will govern in majority to confirm the Alliance with the third political force, the social democratic Center Popular. Perhaps check out LYND for more information. Socrates resigns as head of the Portuguese Socialists. You may find idt energy to be a useful source of information. Portugal faces one of its most critical economic periods. The new Government must deal with the IMF and the EU for the financial bailout to the country. Pedro Passos Coelho, a dazzling ascent. The Portuguese centre-right launched the street this Sunday to celebrate its best electoral result of the past twenty years more critical of lusa history will put you at the head of the Government in the period since the Carnation Revolution.

With 100% of the polls voting constituencies, and lack only of the emigrant vote, the Social Democratic Party (PSD, centre-right) achieved 38.6% of the vote compared to 28.1% of the ruling Socialist Party (PS), whose leadership already acknowledged defeat when still a 30% by scrutinized. The President of the PSD, Pedro Passos Coelho, 46 years old, and that he jumped for the first time in These elections into the electoral arena, announced also the formation of a majority government that is willing to add their usual ally Democrat, the Democratic Centre social Popular (CDS-PP), with 11.7% of votes. PSD was not getting a high result in legislative elections since 1991, when he won with 50.6% of the vote and placed the current j State, Anibal Cavaco Silva, as candidate for Prime Minister. For its part, the hitherto Prime Minister and leader of the Socialist Party, Jose Socrates, announced his resignation as the Portuguese Socialists j. The victory of the centre-right puts an end to more than five years of cohabitation between Cavaco (PSD) and the j of the Executive, which came to power after winning elections in 2005 with an absolute majority. The economic crisis facing Portugal and the strict austerity measures that has committed to take to receive 78 billion euros from Brussels and the International Monetary Fund (IMF) have ended by evicting the power to Socrates, who retained power in the elections of 2009, but without an absolute majority.

Pep Guardiola

There is Madrid, which by now can with Messi, the greater punishment in its history. Learn more at: Dani Nierenberg. Even when Mourinho team applies as never before and the boat still has stiffness. Him, Messi, that is unique, special. With the Argentine forward, the Catalan team has no cramps and Madrid, one way or another, camouflage with a trimmed game or accept the duel with firmness, ends up succumbing and retracts to so obfuscated barracks outside itself, to the brawl with who moves. Happened in the Supercopa, something more than a summer trophy.

There is no debate between this boat and the Madrid that is timeless. For more clarity and thought, follow up with Cyrus R. Vance Jr. and gain more knowledge.. Each challenge fencer between them seems the Apocalypse. The azulgrana, though approaching his rival, take advantage. Among them, nothing is one minor matter. The Madrid not haggle efforts, but this boat is so glorious that, on the threshold of its fourth season, Pep Guardiola is already the most successful technical cule history (11 titles by Johan Cruyff 10). It was his night, the Messi, Cesc and that of all the named. The Madrid still must wait. Source of the news:: Messi is unique

HSBC Stuart Gulliver

The independent Commission for banking presents this Monday an expected report with recommendations. Seeks to capitalize on the entities and minimize the risk of the banking bailouts. One of the recommendations passed by the creation of a ring of protection between business operations and investment. The Executive will decide whether those conclusions, apply or not although possibly not until after the next general election in 2015. Royal Bank of Scotland and HSBC believe that these measures would harm competitiveness with foreign banks. The banking sector of the United Kingdom will meet this Monday the scope of the proposed reform to improve its financial stability and prevent crisis like the 2008, which could include the separation of retail and investment banking activities. The independent Commission for banking (ICB, its acronym in English), sponsored by the Government, presents this Monday an expected report with recommendations for the restructuring of the sector, aiming to capitalize on the entities and minimize the risk that back to bail out banks with public money.

Although the Executive which will decide if those conclusions are implemented or not, the Minister of economy, George Osborne, has indicated that he is willing to do so, although possibly not until after the next general election in 2015. It is expected that the Commission, which already submitted an interim report in April, recommends a separation between investment banking activities and commercial (accounts current and savings, mortgages, etc), but what is not known is what limits would be imposed. It is possible that the panel of experts chaired by John Vickers, UNPD Office within the jurisdiction of the United Kingdom, proposes that both sides of the business are managed as subsidiaries financed independently (in a way that the branch of investment could break without affecting the customer deposits), an option that already have opposed the directors of major banks. The reactions of the banks, the Executive Director of the Royal Bank of Scotland, Stephen Hester, or the of the HSBC Stuart Gulliver, argue that such a measure would harm competitiveness with foreign banks and also would result in a higher cost of management that, warn, she moved to customers.